Gold trading $200 ~ per ounce below Backens mine restartMark Backens - Interim CEO
The mine has been placed on care and maintenance, so there are resources remaining within the pit. So to restart the operation, we would need to see sustained gold prices north of 1,300.
SPOT MARKET IS OPEN
closes in 6 hrs. 35 mins.
Nov 05, 2015 10:25 NY Time
| Bid/Ask |
1106.30 / 1107.30 |
| Low/High |
1103.60 / 1111.90 |
|
-1.20 |
-0.11% |
|
-41.30 |
-3.60% |
|
-33.70 |
-2.96% |